Accordion, the private equity-focused financial and technology consulting firm, today announced it has signed a definitive agreement to acquire Merily

NEW YORK--(BUSINESS WIRE)--Accordion, a private equity-focused financial and technology consulting firm, announced that it has received a majority growth investment from Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm, and Motive Partners (“Motive”), a specialist private equity firm focused on financial technology. Nick Leopard, Founder and CEO, and the Accordion team will remain major shareholders alongside Charlesbank and Motive. The growth investment is intended to serve as an accelerant for Accordion’s continued expansion as the premier consulting firm and digital enablement partner for PE-backed CFOs. Founded in 2009, Accordion focuses exclusively on the Office of the CFO, primarily at private equity-backed companies. Throughout its history, the firm has experienced rapid and sustained organic growth, which accelerated following FFL Partners’ minority investment in 2018. Accordion consultants now work alongside more than 200 leading fund sponsors and their portfolio management teams at every stage of the investment lifecycle. Accordion has also successfully completed three highly strategic acquisitions: financial restructuring and operational turnaround firm Mackinac Partners, which enhanced Accordion’s Turnaround & Restructuring practice, and technology consultancies ABACI and Platform Specialists, which focus on Enterprise Resourcing Planning (ERP) and Enterprise Performance Management (EPM) and have extended Accordion’s CFO Tech service offering. The combination of these acquisitions and Accordion’s existing expertise offers private equity CFOs a single go-to partner for the full suite of their financial and technology-related needs. The firm has grown its geographic footprint to a total of 10 offices including its headquarters in New York and locations in Atlanta, Boston, Charlotte, Chicago, Dallas, Detroit, Los Angeles, San Francisco, and South Florida

Accordion, a private equity-focused financial and technology consulting firm, announced today that it has acquired ABACI, an Enterprise Resourcing Planning (ERP) and Enterprise Performance Management (EPM) consultancy specializing in NetSuite and Adaptive Planning. The ability for the finance function to digitize is critical to enterprise-wide scaling efforts. Digitization is equally essential for driving operational efficiencies in any economic climate, but particularly in an uncertain market wherein real-time data visibility is paramount for effective forecasting and sustained corporate performance. The acquisition of ABACI, which follows the recent acquisition of Enterprise Performance Management (EPM) consulting firm Platform Specialists, will make Accordion the unrivaled digital-enablement partner for PE-backed CFOs. The combination of these acquisitions, alongside Accordion’s already-substantive tech advisory and enablement practice, will enable the firm to provide its private equity sponsor and portfolio clients with a singular partner for the full suite of people, process, and CFO technology-related services. Critically, Accordion’s broader expertise in the Office of the CFO will provide clients with essential guidance around what ‘tech-stack’ levers are required, and when and how best to pull those levers, in the context of the broader value creation and operational optimization strategies of the finance team and the organization it serves